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Home › Companies › RAIA DROGASIL SA › 2024-2025

RAIA DROGASIL SA 2024-2025 Proxy Voting Records

At RAIA DROGASIL SA's 2 shareholder meetings in the 2024-2025 proxy season (held November 6, 2024 and April 22, 2025), 75 asset managers reported how they voted in their SEC Form N-PX filings, covering 6,043 separate fund positions. Their filings are grouped here into 102 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Amend Restricted Stock Plan Approved at the September 15, 2020 EGM — the reporting funds and managers cast 46.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 102Reported items
  • 75Asset managers
  • 6,043Fund votes
  • April 22, 2025Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from RAIA DROGASIL SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore RAIA DROGASIL SA in the interactive database Compare manager voting policies

How asset managers voted at the RAIA DROGASIL SA 2024-2025 meetings

Each item below shows how the 75 asset managers that disclosed a RAIA DROGASIL SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of RAIA DROGASIL SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of…

Meeting held April 22, 2025; no official results are on file for this meeting.

0% Fund and manager reports combined; may count the same shares twice · no official result

AGAINSTABSTAIN
Details: description as filed, votes by 47 asset managers

Description as filed by funds: As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group070,331,016 00Against
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price00 23,007,9930Abstain
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street01,947,703 00Against
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 72,319,075 against, 204,535,106 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “As an Ordinary Shareholder, Would You like to Request a Separate Minority Election of a Member of the Board of” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

2. Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of…

No official resultsFund totals may overlapSHAREHOLDER RIGHTS AND DEFENSES

Meeting held April 22, 2025; no official results are on file for this meeting.

3% Fund and manager reports combined; may count the same shares twice · no official result

AGAINSTABSTAIN
Details: description as filed, votes by 47 asset managers

Description as filed by funds: Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Te” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group00 70,331,0160Abstain
Fidelity032,678,107 6,297,0580Mixed
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price00 23,007,9930Abstain
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC06,520,635 00Against
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley1,278,8011,618,440 39,7510Mixed
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street01,947,703 00Against
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 1,278,801 for, 43,379,917 against, 232,195,463 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Te” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

3. Elect Directors

Meeting held April 22, 2025; no official results are on file for this meeting.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

41% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 47 asset managers

The 47 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Fund voting reports: 45 asset managers voting on “Elect Directors” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity038,975,165 00Against
Vanguard038,700,473 00Against
Invesco036,790,036 00Against
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST015,369,500 00Against
OLD WESTBURY FUNDS INC06,520,635 00Against
Dimensional05,723,726 00Against
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert03,422,528 00Against
Morgan Stanley2,936,9920 00For
Allspring02,813,320 00Against
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA02,445,363 00Against
State Street1,947,7030 00For
Voya01,716,808 00Against
WILLIAM BLAIR FUNDS01,684,948 00Against
GuideStone01,451,205 00Against
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century0937,788 00Against
PACE SELECT ADVISORS TRUST0902,244 00Against
Franklin Templeton0785,500 00Against

Fund voting reports, all 45 managers: 115,414,795 for, 161,439,386 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Elect Directors” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC04,376,800 00Against
Polar Capital Holdings Plc0292,020 00Against

Institutional-manager reports, all 2 managers: 4,668,820 against.

4. Elect Fiscal Council Members

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Elect Fiscal Council Members” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Elect Fiscal Council Members” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

5. In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

6. Percentage of Votes to Be Assigned - Elect Antonio Carlos Pipponzi as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Antonio Carlos Pipponzi as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Antonio Carlos Pipponzi as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

7. Percentage of Votes to Be Assigned - Elect Carlos Pires Oliveira Dias as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Carlos Pires Oliveira Dias as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Carlos Pires Oliveira Dias as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

8. Percentage of Votes to Be Assigned - Elect Cristiana Almeida Pipponzi as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Cristiana Almeida Pipponzi as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Cristiana Almeida Pipponzi as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

9. Percentage of Votes to Be Assigned - Elect Eliezer Silva as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Eliezer Silva as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Eliezer Silva as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

10. Percentage of Votes to Be Assigned - Elect Eugenio De Zagottis as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Eugenio De Zagottis as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Eugenio De Zagottis as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

11. Percentage of Votes to Be Assigned - Elect Flavia Maria Bittencourt as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Flavia Maria Bittencourt as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Flavia Maria Bittencourt as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

12. Percentage of Votes to Be Assigned - Elect Marcilio D'Amico Pousada as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Marcilio D'Amico Pousada as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Marcilio D'Amico Pousada as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

13. Percentage of Votes to Be Assigned - Elect Marco Ambrogio Crespi Bonomi as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Marco Ambrogio Crespi Bonomi as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Marco Ambrogio Crespi Bonomi as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

14. Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Paulo Sergio Coutinho Galvao Filho as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

15. Percentage of Votes to Be Assigned - Elect Philipp Paul Marie Povel as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Philipp Paul Marie Povel as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Philipp Paul Marie Povel as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

16. Percentage of Votes to Be Assigned - Elect Plinio Villares Musetti as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Plinio Villares Musetti as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Plinio Villares Musetti as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

17. Percentage of Votes to Be Assigned - Elect Renato Pires Oliveira Dias as Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Renato Pires Oliveira Dias as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Renato Pires Oliveira Dias as Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

18. Percentage of Votes to Be Assigned - Elect Sylvia de Souza Leao Wanderley as Independent Director

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Percentage of Votes to Be Assigned - Elect Sylvia de Souza Leao Wanderley as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity00 38,975,1650Abstain
Vanguard00 38,700,4730Abstain
Invesco00 36,790,0360Abstain
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST00 15,369,5000Abstain
OLD WESTBURY FUNDS INC00 6,520,6350Abstain
Dimensional00 5,723,7260Abstain
Goldman Sachs00 4,972,1000Abstain
Aberdeen00 4,092,5210Abstain
Calvert00 3,422,5280Abstain
Morgan Stanley00 2,936,9920Abstain
Allspring00 2,813,3200Abstain
Northwestern Mutual00 2,534,4710Abstain
BNY Mellon00 2,505,4950Abstain
TIAA00 2,445,3630Abstain
State Street00 1,947,7030Abstain
Voya00 1,716,8080Abstain
WILLIAM BLAIR FUNDS00 1,684,9480Abstain
GuideStone00 1,451,2050Abstain
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower00 961,9000Abstain
American Century00 937,7880Abstain
PACE SELECT ADVISORS TRUST00 902,2440Abstain
Franklin Templeton00 785,5000Abstain

Fund voting reports, all 45 managers: 93,446,322 for, 183,407,859 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Percentage of Votes to Be Assigned - Elect Sylvia de Souza Leao Wanderley as Independent Director” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 4,376,8000Abstain
Polar Capital Holdings Plc00 292,0200Abstain

Institutional-manager reports, all 2 managers: 4,668,820 abstained.

19. Amend Article 14

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 14” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 14” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

20. Amend Article 3 Re: Corporate Purpose

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 3 Re: Corporate Purpose” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 3 Re: Corporate Purpose” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

21. Amend Article 8 "I"

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 8 "I"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 8 "I"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

22. Amend Article 8 "aa"

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 8 "aa"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 8 "aa"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

23. Amend Article 8 "w"

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 8 "w"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 8 "w"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

24. Amend Article 8 "x"

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Article 8 "x"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Article 8 "x"” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

25. Amend Articles

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Amend Articles” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Articles” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

26. Consolidate Bylaws

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Consolidate Bylaws” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Consolidate Bylaws” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

27. In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under…

Meeting held April 22, 2025; no official results are on file for this meeting.

26% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: description as filed, votes by 47 asset managers

Description as filed by funds: In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under Articles 161 and 240 of the Brazilian Corporate Law, May Your Votes Still Be Counted for the Proposed Slate?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Un” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity038,975,165 00Against
Vanguard038,700,473 00Against
Invesco025,904,036 10,886,0000Mixed
T. Rowe Price023,007,993 00Against
FINANCIAL INVESTORS TRUST015,369,500 00Against
OLD WESTBURY FUNDS INC06,520,635 00Against
Dimensional05,723,726 00Against
Goldman Sachs04,972,100 00Against
Aberdeen04,092,521 00Against
Calvert03,422,528 00Against
Morgan Stanley02,936,992 00Against
Allspring02,813,320 00Against
Northwestern Mutual02,534,471 00Against
BNY Mellon02,505,495 00Against
TIAA02,445,363 00Against
State Street01,947,703 00Against
Voya01,716,808 00Against
WILLIAM BLAIR FUNDS01,684,948 00Against
GuideStone01,451,205 00Against
WASATCH FUNDS TRUST00 1,396,7000Abstain
Empower0961,900 00Against
American Century0937,788 00Against
PACE SELECT ADVISORS TRUST0902,244 00Against
Franklin Templeton0785,500 00Against

Fund voting reports, all 45 managers: 70,331,016 for, 194,240,465 against, 12,282,700 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Un” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC04,376,800 00Against
Polar Capital Holdings Plc0292,020 00Against

Institutional-manager reports, all 2 managers: 4,668,820 against.

28. Amendment to the bylaws to adjust the nomenclature of the company's board positions and their respective…

No official resultsCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AMENDMENT TO THE BYLAWS TO ADJUST THE NOMENCLATURE OF THE COMPANY'S BOARD POSITIONS AND THEIR RESPECTIVE RESPONSIBILITIES ARTICLE 10 CAPUT AND PARAGRAPH 2, ARTICLE 11 PARAGRAPHS 1 THROUGH 3 AND 5 THROUGH 10, AND ARTICLE 12, PARAGRAPH 2

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “AMENDMENT TO THE BYLAWS TO ADJUST THE NOMENCLATURE OF THE COMPANY'S BOARD POSITIONS AND THEIR RESPECTIVE RESPO” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

29. Amendment to the bylaws to change the board of directors approval authority regarding voting guidance for controlled…

No official resultsCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AMENDMENT TO THE BYLAWS TO CHANGE THE BOARD OF DIRECTORS APPROVAL AUTHORITY REGARDING VOTING GUIDANCE FOR CONTROLLED COMPANIES. ARTICLE 8 AA

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “AMENDMENT TO THE BYLAWS TO CHANGE THE BOARD OF DIRECTORS APPROVAL AUTHORITY REGARDING VOTING GUIDANCE FOR CONT” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

30. Amendment to the bylaws to include clinical examinations and analysis as a secondary activity in its corporate purpose…

No official resultsCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AMENDMENT TO THE BYLAWS TO INCLUDE CLINICAL EXAMINATIONS AND ANALYSIS AS A SECONDARY ACTIVITY IN ITS CORPORATE PURPOSE. ARTICLE 3 N

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “AMENDMENT TO THE BYLAWS TO INCLUDE CLINICAL EXAMINATIONS AND ANALYSIS AS A SECONDARY ACTIVITY IN ITS CORPORATE” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

31. Amendment to the bylaws to remove from the board of directors approval authority the granting of guarantees…

No official resultsCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AMENDMENT TO THE BYLAWS TO REMOVE FROM THE BOARD OF DIRECTORS APPROVAL AUTHORITY THE GRANTING OF GUARANTEES, ENDORSEMENTS, OR SURETIES FOR COMPANIES IN WHICH THE COMPANY HOLDS 100 OF THE CAPITAL STOCK. ARTICLE 8 X

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “AMENDMENT TO THE BYLAWS TO REMOVE FROM THE BOARD OF DIRECTORS APPROVAL AUTHORITY THE GRANTING OF GUARANTEES, E” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

32. Amendment to the bylaws to remove from the board of directors approval authority the granting of guarantees…

No official resultsCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: AMENDMENT TO THE BYLAWS TO REMOVE FROM THE BOARD OF DIRECTORS APPROVAL AUTHORITY THE GRANTING OF GUARANTEES, ENDORSEMENTS, OR SURETIES FOR COMPANIES IN WHICH THE COMPANY HOLDS 100 OF THE CAPITAL STOCK. ARTICLE 8, I

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “AMENDMENT TO THE BYLAWS TO REMOVE FROM THE BOARD OF DIRECTORS APPROVAL AUTHORITY THE GRANTING OF GUARANTEES, E” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

33. Fix Number of Directors at 13

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Fix Number of Directors at 13” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Fix Number of Directors at 13” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

34. In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?

Meeting held April 22, 2025; no official results are on file for this meeting.

26% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed S” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity038,975,165 00Against
Vanguard038,700,473 00Against
Invesco025,904,036 10,886,0000Mixed
T. Rowe Price023,007,993 00Against
FINANCIAL INVESTORS TRUST015,369,500 00Against
OLD WESTBURY FUNDS INC06,520,635 00Against
Dimensional05,723,726 00Against
Goldman Sachs04,972,100 00Against
Aberdeen04,092,521 00Against
Calvert03,422,528 00Against
Morgan Stanley02,936,992 00Against
Allspring02,813,320 00Against
Northwestern Mutual02,534,471 00Against
BNY Mellon02,505,495 00Against
TIAA02,445,363 00Against
State Street01,947,703 00Against
Voya01,716,808 00Against
WILLIAM BLAIR FUNDS01,684,948 00Against
GuideStone01,451,205 00Against
WASATCH FUNDS TRUST01,396,700 00Against
Empower0961,900 00Against
American Century0937,788 00Against
PACE SELECT ADVISORS TRUST0902,244 00Against
Franklin Templeton0785,500 00Against

Fund voting reports, all 45 managers: 70,331,016 for, 195,637,165 against, 10,886,000 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed S” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC04,376,800 00Against
Polar Capital Holdings Plc0292,020 00Against

Institutional-manager reports, all 2 managers: 4,668,820 against.

35. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2024

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2024” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,897,2410 39,7510For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,814,430 for, 39,751 abstained. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2024” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

36. Approve Allocation of Income and Dividends

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Approve Allocation of Income and Dividends” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Allocation of Income and Dividends” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

37. Allocation of net income for the fiscal year ending December 31, 2024, in order to endorse the appropriations of…

No official resultsCAPITAL STRUCTURE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: ALLOCATION OF NET INCOME FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024, IN ORDER TO ENDORSE THE APPROPRIATIONS OF INTEREST ON EQUITY AND DISTRIBUTION OF INTERIM DIVIDENDS PREVIOUSLY APPROVED BY THE BOARD OF DIRECTORS, AS WELL AS THE DECLARATION OF ADDITIONAL DIVIDENDS, WHICH WILL BE CHARGED TO THE MANDATORY DIVIDEND

The 15 asset managers below reported 91,447,606 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 91,447,606
Largest asset managers voting on “ALLOCATION OF NET INCOME FOR THE FISCAL YEAR ENDING DECEMBER 31, 2024, IN ORDER TO ENDORSE THE APPROPRIATIONS ” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock38,217,9020 00For
RBC FUNDS TRUST19,753,7030 00For
JPMorgan12,787,0420 00For
Bridge Builder Trust11,122,5940 00For
TOUCHSTONE STRATEGIC TRUST7,639,2420 00For
BAILLIE GIFFORD FUNDS1,241,4160 00For
John Hancock182,7000 00For
Jackson National149,4360 00For
PFM Multi-Manager Series Trust103,3120 00For
Calamos94,9000 00For
MASTER INVESTMENT PORTFOLIO86,3600 00For
Krane Shares Trust23,1680 00For
GPS Funds I18,8130 00For
Tidal Trust I16,8570 00For
SP Funds Trust10,1610 00For

38. Amend Restricted Stock Plan Approved at the September 15, 2020 EGM

Meeting held November 6, 2024; no official results are on file for this meeting.

46.8% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 50 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 48 asset managers voting on “Amend Restricted Stock Plan Approved at the September 15, 2020 EGM” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity52,367,7386,133,958 00Mixed
Invesco037,446,736 00Against
Vanguard032,682,875 00Against
T. Rowe Price30,567,2040 00For
FINANCIAL INVESTORS TRUST014,489,500 00Against
Capital Group07,187,050 00Against
Dimensional05,643,486 00Against
Grandeur Peak Global Trust4,109,7560 00For
WASATCH FUNDS TRUST4,002,9630 00For
DRIEHAUS MUTUAL FUNDS03,493,900 00Against
Aberdeen3,395,1510 00For
Morgan Stanley2,932,0720 00For
BNY Mellon02,625,135 00Against
OLD WESTBURY FUNDS INC02,593,800 00Against
TIAA2,414,9630 00For
WILLIAM BLAIR FUNDS02,323,036 00Against
Goldman Sachs02,135,700 00Against
Allspring02,046,720 00Against
Northwestern Mutual1,971,5520 00For
State Street1,892,1450 00For
Thornburg1,746,0070 00For
Voya01,454,990 00Against
GuideStone01,256,405 00Against
Pacific Life01,147,824 00Against
Columbia Threadneedle01,104,509 00Against

Fund voting reports, all 48 managers: 107,466,890 for, 128,246,005 against. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Amend Restricted Stock Plan Approved at the September 15, 2020 EGM” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC5,710,3000 00For
Polar Capital Holdings Plc0341,805 00Against

Institutional-manager reports, all 2 managers: 5,710,300 for, 341,805 against.

39. Approve Remuneration of Company's Management

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 48 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Approve Remuneration of Company's Management” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration of Company's Management” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.18,122,7880 00For
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 3 managers: 22,791,608 for.

40. Approve Remuneration of Fiscal Council Members

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Meeting held April 22, 2025; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 45 asset managers voting on “Approve Remuneration of Fiscal Council Members” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group70,331,0160 00For
Fidelity38,975,1650 00For
Vanguard38,700,4730 00For
Invesco36,790,0360 00For
T. Rowe Price23,007,9930 00For
FINANCIAL INVESTORS TRUST15,369,5000 00For
OLD WESTBURY FUNDS INC6,520,6350 00For
Dimensional5,723,7260 00For
Goldman Sachs4,972,1000 00For
Aberdeen4,092,5210 00For
Calvert3,422,5280 00For
Morgan Stanley2,936,9920 00For
Allspring2,813,3200 00For
Northwestern Mutual2,534,4710 00For
BNY Mellon2,505,4950 00For
TIAA2,445,3630 00For
State Street1,947,7030 00For
Voya1,716,8080 00For
WILLIAM BLAIR FUNDS1,684,9480 00For
GuideStone1,451,2050 00For
WASATCH FUNDS TRUST1,396,7000 00For
Empower961,9000 00For
American Century937,7880 00For
PACE SELECT ADVISORS TRUST902,2440 00For
Franklin Templeton785,5000 00For

Fund voting reports, all 45 managers: 276,854,181 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 2 asset managers voting on “Approve Remuneration of Fiscal Council Members” at RAIA DROGASIL SA, 2024-2025
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC4,376,8000 00For
Polar Capital Holdings Plc292,0200 00For

Institutional-manager reports, all 2 managers: 4,668,820 for.

Showing the 40 reported items with the widest manager coverage, of 102 in total. Every item is in the interactive database (link above).

Largest RAIA DROGASIL SA shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top RAIA DROGASIL SA shareholders by shares voted on “Amend Restricted Stock Plan Approved at the September 15, 2020 EGM”, 2024-2025
#Asset manager Shares voted
1Fidelity 58,501,696
2Invesco 37,446,736
3Vanguard 32,682,875
4T. Rowe Price 30,567,204
5FINANCIAL INVESTORS TRUST 14,489,500
6Capital Group 7,187,050
7Dimensional 5,643,486
8Grandeur Peak Global Trust 4,109,756
9WASATCH FUNDS TRUST 4,002,963
10DRIEHAUS MUTUAL FUNDS 3,493,900
Institutional-manager reports: top RAIA DROGASIL SA shareholders by shares voted on “Approve Remuneration of Company's Management”, 2024-2025
#Asset manager Shares voted
1APG Asset Management US Inc. 18,122,788
2RWC ASSET ADVISORS (US) LLC 4,376,800
3Polar Capital Holdings Plc 292,020

Shown as share counts, not percentages: no shares-outstanding figure has been matched to RAIA DROGASIL SA for the 2024-2025 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

RAIA DROGASIL SA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Cite this page

proxyvotesnow.com, “RAIA DROGASIL SA 2024-2025 Annual & Special Meetings: Vote Results”, https://proxyvotesnow.com/company/raia-drogasil-sa/2025 (version of November 8, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.